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A Shop Selling Sewing Machines Offers 3% Discount on All Cash Purchases. What Cash Amount Does a Customer Pay for a Sewing Machine the Price of Which is Marked as Rs 650.

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Question

A shop selling sewing machines offers 3% discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs 650.

Answer in Brief
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Solution

\[\text { Discount = 3 % } \]

\[\text { Marked price = Rs } . 650\]

\[\text { Now, 3 % of the MP } = \frac{3}{100} \times 650\]

\[ =\text {  Rs } 19 . 50\]

\[\text { So, SP = MP - Discount }\]

\[ = 650 - 19 . 50\]

\[ = \text { Rs } 630 . 50\]

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